LEAP 2024: Takamol Holding showcases innovative solutions, signs 18 agreements

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Updated 09 March 2024
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LEAP 2024: Takamol Holding showcases innovative solutions, signs 18 agreements

LEAP 2024 witnessed a notable participation of Takamol Holding, a key driver of labor market innovation in the Kingdom, in line with its role as a strategic sponsor of the tech conference. The company showcased its various products and programs, with its chief executives and members actively participating in panel discussions on the main stage.

The participation included introducing Takamol Holding’s products and programs, as well as its subsidiaries, and conducting a series of discussions with leading companies to explore technological solutions for social and economic development in the Kingdom. This effort resulted in the signing of 18 agreements with partners from various vital sectors serving the labor market and Saudi Vision 2030. Additionally, CEOs and members of the company participated in panel discussions focusing on the latest technological developments and innovations offered by Takamol Holding and its companies.

CEO of Qiwa Fawzan Al-Muhaidib delivered a keynote address on “Digital Transformation in the Labor Market,” addressing the diversification of the Kingdom’s economy away from reliance on oil, enhancing private sector efficiency and labor market transparency, achieving national economic goals, reducing unemployment rates, and enhancing the attractiveness of the Saudi market for investments and talents. Furthermore, General Manager of Takamol Mobility Services Fawzan Al-Ghamdi participated in a panel discussion on the future challenges of living standards globally.

Takamol Holding’s impressive presentations captivated visitors, enlightening them on the wide range of its innovative technological programs and products covering various sectors and industries. Among these, the artificial intelligence product “RYAN” stood out, providing answers to all inquiries about the international labor market.

“Takamol Holding’s participation as a strategic sponsor of the LEAP 2024 tech conference reinforces its role in providing innovative and advanced solutions that meet the needs of the market and economy in the Kingdom, thereby promoting sustainable development,” the company said.

It is worth mentioning that several ministers and dignitaries visited Takamol Holding’s pavilion, affirming the pivotal role of innovation in shaping the future of the Kingdom across various economic, health, and social sectors.


LuLu opens two new stores in Riyadh and Dammam

Updated 10 March 2026
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LuLu opens two new stores in Riyadh and Dammam

LuLu Retail has further expanded its presence in Saudi Arabia with the unveiling of two state-of-the-art shopping destinations in Riyadh and Dammam. These new stores are designed to bring a modern shopping experience closer to residential neighborhoods, offering everything from daily groceries to household essentials under one roof.
The expansion includes a massive flagship hypermarket and a convenient express store, each tailored to meet the needs of the local community with high standards of service and variety.
Recently, Yusuffali M. A., chairman of LuLu Group, reaffirmed the group’s commitment to continuous growth while ensuring an uninterrupted supply of products and maintaining stable prices for customers.
The largest of the new openings is located in the Suwaidi district of Riyadh. This massive flagship hypermarket covers more than 400,000 square feet and is built to be a one-stop shop for the capital’s residents.
The store was officially inaugurated by Mohammed Khalid Al-Shalfan, investors relationship manager at the Ministry of Investment, and Matar Salem Ali Marran Al-Dhaheri, ambassador of the UAE to Saudi Arabia.
This new retail landmark features an extensive range of departments, including grocery food and non-food items, beauty and wellness, chilled and dairy products, frozen foods, and a roastery. Shoppers can also find fresh fruits, vegetables, a bakery, and a delicatessen, as well as fresh meat and fish sections. A unique feature is the fresh food dining area. For tech enthusiasts, there are dedicated sections for computers, gaming, telecom, mobile phones, and consumer electronics. The store also carries stationery, household goods, home furnishings, toys, luggage, and footwear, all supported by more than 100 parking spaces.
Meanwhile in Dammam, LuLu inaugurated a new LuLu Xpress store and the LOT, a value shopping destination, in the Faisaliya district. The store was officially inaugurated by Mansour Al-Binali, assistant director general of the Ministry of Human Resources and Social Development for the Eastern Province.
Covering 33,000 square feet, the store includes a wide range of products with fresh food, local produce, and meat, along with a section for technical consumer goods featuring the latest electronics and gadgets. 
The LOT Value Shop focuses on high-quality items at affordable prices. Residents can shop for household goods, home furnishings, stationery, toys, and educational products, most of which are priced below SR22 ($5.86).
For added convenience, the location provides nearly 100 parking spaces.
LuLu has launched special inaugural offers across all departments in both the Riyadh and Dammam stores. These promotions allow customers to enjoy significant savings on a wide range of products and international brands. This expansion reinforces LuLu’s commitment to supporting the Kingdom’s retail growth and providing quality service to neighborhoods across Saudi Arabia.